Alibaba Shares Ease Amid Renewed U.S.-China Trade Talks

Published 3 hours agoBABA

Alibaba Shares Ease Amid Renewed U.S.-China Trade Talks

Alibaba Group Holding Ltd (BABA) is currently trading at $125.33 per share as of May 10, 2025. This marks a slight decline of $0.28 or 0.22% from its previous close. The stock opened the day at $127.00 and has seen an intraday volume of 11,172,185. Both the day's high and low stand at $125.51, reflecting a relatively stable trading session.

The stock movement comes amid significant discussions in the macroeconomic sphere, where senior officials from the United States and China have resumed trade talks in Geneva. According to Reuters, these discussions are aimed at mitigating the harsh impacts of the ongoing trade war, which has rattled markets and disrupted bilateral trade previously. President Trump has also proposed a reduction in tariffs on Chinese goods from 145% to 80%, though this change remains pending approval from Treasury Secretary Scott Bessent, as reported by the Financial Times.

For Alibaba, these negotiations could hold substantial weight in its future valuations. Although immediate investor reactions have been cautious, there is an underlying optimism that successful talks could help ease tensions and benefit companies like Alibaba that have considerable stakes in both markets. Observers are keeping a close watch on these developments, indicating the potential for shifts in the company's stock performance depending on the outcomes of the trade discussions.

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Alibaba Shares Ease Amid Renewed U.S.-China Trade Talks

Alibaba Shares Ease Amid Renewed U.S.-China Trade Talks

3 hours agoBABA

Alibaba Group Holding Ltd (BABA) is currently trading at $125.33 per share as of May 10, 2025. This marks a slight decline of $0.28 or 0.22% from its previous close. The stock opened the day at $127.00 and has seen an intraday volume of 11,172,185. Both the day's high and low stand at $125.51, reflecting a relatively stable trading session. The stock movement comes amid significant discussions in the macroeconomic sphere, where senior officials from the United States and China have resumed trade talks in Geneva. According to Reuters, these discussions are aimed at mitigating the harsh impacts of the ongoing trade war, which has rattled markets and disrupted bilateral trade previously. President Trump has also proposed a reduction in tariffs on Chinese goods from 145% to 80%, though this change remains pending approval from Treasury Secretary Scott Bessent, as reported by the Financial Times. For Alibaba, these negotiations could hold substantial weight in its future valuations. Although immediate investor reactions have been cautious, there is an underlying optimism that successful talks could help ease tensions and benefit companies like Alibaba that have considerable stakes in both markets. Observers are keeping a close watch on these developments, indicating the potential for shifts in the company's stock performance depending on the outcomes of the trade discussions.